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Find out moreThe first Law Update of 2024 is here, and our first focus of the year spotlights Healthcare and Lifesciences, a sector that is undergoing significant growth and development across the MENA region.
Our focus provides an insight into some of the most important regulatory updates across the region, such as the UAE’s groundbreaking law on the use of human genome, Kuwait’s resolution on nuclear and radioactive materials, the new regulations for healthcare services in Qatar, Egypt’s healthcare regulatory framework, and the impact of the Saudi Civil Transactions Law on the healthcare and life sciences sector … and there is so much more!
Beyond the healthcare pages our lawyers share with you multi-sector insights where you will discover articles on Dubai’s DIFC regulatory framework for startups, Bahrain’s commercial agencies law, and we also shed light on Kuwaiti civil code and the advantages of setting up a joint stock company in Saudi Arabia.
Read the full editionThe department provides a full range of legal services to the insurance industry, which includes structuring options available to allow companies to operate in the UAE market or the Dubai International Financial Centre (“DIFC”), joint venture claims and compliance advice. We pride ourselves on the claims handling capability of the firm and we currently assist a number of insurers, reinsurers, brokers and underwriters with regard to claims and advice on all aspects of the Middle Eastern insurance industry. We act for some of the leading regional and international institutions in the industry, including international banks, insurers, reinsurers, brokers and intermediaries.
Whether as court advocates or legal consultants, our specialist lawyers have a wealth of exposure in handling the most complex disputes as they regularly arise. We also provide alternative dispute resolution solutions and aggressive litigation in the courts when necessary. Within and outside of the UAE and the middle east, our lawyers have been involved in numerous mediated, arbitrated and litigated disputes on behalf of (re)insurers/underwriters and brokers, including some of the largest insurers and reinsurers in the world.
The firm has in-depth knowledge and extensive local and worldwide contacts in the insurance industry since many of our lawyers have served as in-house counsel for multinational insurance companies abroad. The firm handles the requirements of insurance companies, brokers, underwriters and intermediaries. We are regularly called upon to advise clients upon policies covering every conceivable kind of risk including life, health, directors and officers, professional liability, corporate liability, financial institutions, electronic and computer crime, banker’s blanket bond, public liability, product liability, property, construction risks and employment.
We have assisted several clients set up Insurance companies in the UAE, as a public Shareholding Company, Foreign Branch and in the DIFC. We have obtained for clients, two of the most recent licenses granted by the UAE Insurance Authority and are currently involved in numerous applications in the DIFC. We have also been at the forefront of the use of joint venture relationships and reinsurance to assist foreign insurers in obtaining new business in the region.
No matter what the insurance issue, our Insurance team are sure to be able to provide the guidance and assistance needed.
Key Contacts
Yazan Saoudi
Partner
Head of Transport & Insurance
y.saoudi@tamimi.com
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.